Helen Mayne
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RE: Claiming Net VAT Payments under Other Business Expenses
Thank you for your reply but I am still a little confused. I use traditional accounting I pay VAT quarterly I use all ex vat figures on my self assesment return Therefore, do I need to put the payments that I made to HMRC of VAT owing following my submission of my VAT returns? -
Claiming Net VAT Payments under Other Business Expenses
Hello On the help information for the Other Business Expenses Section it states that you should include Net VAT Payments but I am not sure what these are? Are these the payments that I send to HMRC based on my quarterly VAT return?